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FLAMBEAU PLASTICS CORPORATION v. COMMISSIONER

Docket No. 86811.

22 T.C.M. 112 (1963)

T.C. Memo. 1963-29

Flambeau Plastics Corporation v. Commissioner.

United States Tax Court.

Filed January 30, 1963.

Attorney(s) appearing for the Case

James Urdan, Esq., and Richard R. Teschner, Esq., for the petitioner. Rex A. Guest, Esq., for the respondent.

Memorandum Findings of Fact and Opinion

WITHEY, Judge:

The Commissioner has determined deficiencies in the income tax of petitioner for the taxable year ended December 31, 1956, in the amount of $7,199.24, for the period ended June 30, 1957, in the amount of $2,724.84, and the fiscal year ended June 30, 1958, in the amount of $17,635.98. An issue raised by the pleadings has been waived by petitioner. The sole issue...

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